Richardson Office Space

Richardson

Office Space Market Report

Number of Listings (last 90 days)
65
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,760
As of: December 6, 2016

Richardson Rates

Most listings are in the $20's per square foot per year. The Richardson region is going through a decline in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 0% decrease in rent.

Compared to the rest of the DFW Metroplex market, the Richardson region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Richardson Listing Supply

In the last 90 days, 69 listings have been listed, so you'll want to check back regularly for new listings. About 9% of the available space in the Richardson are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 2,760 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are close to 2 stories. Most buildings in this region were built in 1985 and are Class B.

Richardson Community

Market Report

Trends and status of the commercial real estate market in Richardson.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Richardson.
Research